Rand Capital (RAND) Operating Expenses (2022 - 2026)

Rand Capital's (RAND) quarterly Operating Expenses came in at $641917.0 in Q1 2026, down 18.85% year-on-year from $791065.0 in Q1 2025, and down 3.55% on a QoQ basis from $665562.0 in Q4 2025.

Rand Capital (RAND) Operating Expenses (2022 - 2026) Analysis & Trends

Rand Capital (RAND) has 5 years of Operating Expenses data on file, last reported at $641917.0 in Q1 2026.

  • On a quarterly basis, Operating Expenses fell 18.85% year-over-year to $641917.0 in Q1 2026; TTM through Mar 2026 was $1.0 million, a 76.38% decrease from a year earlier, with the FY2025 full-year figure at $1.2 million, down 75.43% from the prior year.
  • Operating Expenses for Q1 2026 stood at $641917.0, down from $665562.0 in the prior quarter.
  • Over the last five years, Operating Expenses for RAND reached as high as $2.7 million in Q2 2024 and fell as low as -$864159.0 in Q2 2025.
  • Historically, Operating Expenses has averaged $715165.5 across 5 years, with a median of $665562.0 in 2025.
  • Across the five-year window, Operating Expenses soared 1258.39% in 2023 and tumbled 137.12% in 2024, its largest moves.
  • Year by year, Operating Expenses stood at $371090.0 in 2022, then soared by 173.19% to $1.0 million in 2023, then tumbled by 137.12% to -$376286.0 in 2024, then surged by 276.88% to $665562.0 in 2025, then declined by 3.55% to $641917.0 in 2026.
  • Per Business Quant data, the three most recent Operating Expenses figures were $641917.0 in Q1 2026, $665562.0 in Q4 2025, and $596203.0 in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Brookfield 1,236.60 Bn 1,311.20 Bn 18.56 Bn -14.14 Bn
2 BlackRock 161.01 Bn 148.08 Bn - 3.88 Bn
3 Blackstone 97.77 Bn 96.72 Bn - 2.26 Bn
4 Apollo Global Management 70.80 Bn 90.38 Bn -409.00 Mn 4.68 Bn
5 State Street 51.30 Bn 51.30 Bn - 2.81 Bn
6 Ameriprise Financial 48.54 Bn 39.27 Bn 4.57 Bn 3.67 Bn
7 Northern Trust 32.93 Bn 32.93 Bn - 1.51 Bn
8 Raymond James Financial 32.59 Bn 17.67 Bn - 3.12 Bn
9 Price T Rowe 24.70 Bn 21.13 Bn - 1.18 Bn
10 Rand Capital 30.53 Mn 30.20 Mn - 641,917.00

Historic Data

Download Data
DateValue
Mar 31, 2026 641,917.00
Dec 31, 2025 665,562.00
Sep 30, 2025 596,203.00
Jun 30, 2025 -864,159.00
Mar 31, 2025 791,065.00
Dec 31, 2024 -376,286.00
Sep 30, 2024 1.33 Mn
Jun 30, 2024 2.65 Mn
Mar 31, 2024 1.23 Mn
Dec 31, 2023 1.01 Mn
Sep 30, 2023 809,936.00
Jun 30, 2023 1.31 Mn
Mar 31, 2023 1.05 Mn
Dec 31, 2022 371,090.00
Sep 30, 2022 498,959.00
Jun 30, 2022 96,198.00
Mar 31, 2022 345,378.00